Holy cow. This is just one of those scenarios that I think only fellow BP members could truly appreciate the nonsense. And it was something that I'm absolutely on fire about. It was either vent here or lose my mind. ...
A few weeks ago I received a flyer in the mail from a company that offered a new type of equity loan. The loans are for up to $50-100k I believe. They collect 0 interest and require 0 monthly payments from the borrowe...
There are two parcels I want to bid on for at a tax deed sale, but there is a major issue. In the past few years all of our title companies in Hawaii have changed their policies where they will not issue any policies ...
I am doing seller financing on a property I own and my attorney recommended Allied Servicing Corporation out of Spokane Valley, WA. Is anyone familiar with their services or have used their loan servicing before. In ...
I recently locked up my first subject - to deal which I wholesaled to another buyer. Really excited as creative situations is where I'm looking to build my credentials and skills.Property Value: $220,000 - $230,000Loa...
First time vetting hard money lenders for a flip I have under contract but not closed yet. One potential lender has attractive terms (8%, 2 points, 100% financed, no prepay penalty), but on the phone he has very spott...
Hi BP Community,I have a pretty significant amount of 401k from my prior employers invested in mutual funds, but thinking about moving it into a self-directed IRA and lending out the money from it instead. I wanted t...
Would you be able to recommend a national or North Dakota-based loan servicing company for seller finance deals?
Lets say you and a seller agree on a price to a house. They owe 45k on the mortgage and you offer them 55k for the house. You write up the contract and take it into escrow.
What happens next? I assume the tit...
I am considering buying a live-in flip in Florida with the intent to buy, rehab, live-in and sell. To avoid tying up cash I can leverage for other flips, I am contemplating financing the live-in. I am hoping there a...